Tag: Comcast

Comcast is considering a major restructuring of its media business, exploring the creation of a separate company for its cable networks and potentially seeking partnerships in streaming. This strategic shift comes as the media giant grapples with the ongoing decline of cable TV subscriptions while striving for profitability in the increasingly competitive streaming landscape. Spinoff…

Comcast has released its third-quarter 2024 earnings report, revealing a mixed bag of results. While the company exceeded financial expectations with increased adjusted EPS and strong free cash flow, it also experienced significant subscriber losses in its TV and internet services. Subscriber Losses: Comcast lost 365,000 TV customers and 87,000 internet customers during the third…

The Federal Communications Commission (FCC) announced today it is formally investigating the use of data caps by broadband providers and their impact on consumers and competition. This inquiry comes as data consumption continues to surge, with many consumers facing limitations and potential overage fees on their internet usage. FCC Chair Jessica Rosenworcel emphasized the growing…

Last year for the first time both Spectrum and Comcast lost internet customers in the same quarter. Cord cutting 2.0 has been driving people away from traditional internet providers to new fiber, 5G Home Internet, and even satellite internet options. This comes as the Affordable Connectivity Program ran out of money this year, forcing many…

Comcast has become the latest company to disclose customer data exposure stemming from a data breach at Financial Business and Consumer Solutions (FBCS), a debt collection agency. This revelation adds another layer to an already extensive data breach that has impacted millions of individuals. FBCS initially reported the breach in April 2024, stating that unauthorized…

Comcast announced today the launch of “Janus,” a groundbreaking initiative set to transform the way its core network delivers internet experiences. By leveraging cutting-edge cloud and AI/ML technology, Janus aims to maximize network performance and efficiency, ensuring faster speeds and more reliable internet service for customers, according to Comcast. Janus will virtualize Comcast’s core network,…

Are you ready to pay a lot in fees to watch “free” over-the-air television? Customers in some parts of Connecticut are paying $55.40 a month for local TV stations ABC, CBS, FOX, and NBC along with their RSNs. Comcast is charging some customers $32.75 a month for broadcast TV fees and local RSN costs are…